Forecast: Import of Clutches and Parts Thereof for Motor Vehicles to India

The import of clutches and parts for motor vehicles to India is set to rise steadily from 2024 to 2028. In 2023, the import volume stood at an actual baseline, leading to a forecast of 14.366 million kilograms in 2024. This upward trend continues with forecasts reaching 16.419 million kilograms by 2028. Year-on-year analyses from 2024 to 2028 indicate consistent annual growth in import volumes, showcasing a gradual increase in demand within the automotive sector.

Future trends to watch for include:

  • Automotive industry growth impacting demand for vehicle parts.
  • Potential policy changes regarding import tariffs and automotive regulations.
  • Technological innovations influencing clutch designs and materials.
  • Market shifts toward electric and hybrid vehicles potentially altering parts demand.

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